159-Room Hyatt Place Omaha to be First Hyatt-Branded hotel in
Nebraska, Joining 650-Associate Hyatt Worldwide Reservation Center
CHICAGO--(BUSINESS WIRE)--Jun. 20, 2012--
Hyatt
Hotels Corporation (NYSE: H) announced the groundbreaking today for
the first Hyatt-branded hotel in Nebraska, Hyatt Place Omaha
Downtown/Old Market. The investment of Hyatt affiliates in the purchase
of the land and the construction of the hotel, which Hyatt affiliates
will own and manage, will total approximately $27 million. Once open,
the hotel is expected to create about 50 full-time jobs in Omaha, which
is also home to the Worldwide Reservation Center for all Hyatt-branded
hotels worldwide. The reservation center has grown from 14 associates in
1972 to 650 associates today and provides reservation assistance,
customer service and sales support for Hyatt-branded hotels seven days a
week, 365 days a year.
Groundbreaking Ceremony for Hyatt Place Omaha Downtown/Old Market; Pictured left to right: Greater Omaha Chamber President and CEO
David G. Brown
, Omaha Mayor
Jim Suttle
, Nebraska Governor
Dave Heineman
,
Hyatt
Vice President of Development
Kevin Schramm
, Hyatt Senior Vice President of Franchise and Owner Relations
Jim Chu
, Photo Credit: Green Room Studios Photography
"I am delighted to welcome the first Hyatt property to our state," said
Gov.
Dave Heineman
. "Downtown Omaha is a good location, being the Home
of the College World Series and nationally recognized Henry Doorly Zoo.
I want to offer my congratulations to everyone who played a role in this
project. This collaboration is another reason why Nebraska is the ideal
place to live, to work, and to raise a family."
Governor Heineman, Omaha Mayor
Jim Suttle
, and Greater Omaha Chamber
President
David Brown
joined Hyatt executives and other dignitaries at
the Hyatt Place Omaha Downtown/Old Market hotel site today to celebrate
the kick off of construction of the new hotel, which is slated to open
in 2014.
“We welcome this significant investment in Omaha,” said Omaha Mayor
Jim
Suttle
. “We are glad we were able to work very closely with Hyatt to
help bring to Omaha the first Hyatt-branded hotel in Nebraska. We look
forward to the hotel’s grand opening, which we know will bring many
additional economic benefits to the city.”
Hyatt Place Omaha Downtown/Old Market will have 159 rooms in a
stand-alone, ten-story building with self-contained parking, located at
the northwest corner of Jackson Street and 12th Street. The
hotel, designed by the Chicago office of the DLR Group, will be situated
amidst Omaha’s arts and entertainment center that features fine dining,
shopping, corporate meeting facilities, and upscale nightlife. Woodbine
Development is overseeing the development of the project on behalf of
Hyatt affiliates, with Hawkins Construction as General Contractor.
“This project provided us with a unique opportunity in a city that is
already very significant to Hyatt,” said
Kevin Schramm
, vice president
of development for Hyatt Hotels & Resorts. “Hyatt Place Omaha
Downtown/Old Market will be a valuable addition to the expanding roster
of urban Hyatt Place locations, and we look forward to introducing this
innovative brand to the city.”
“We’ve seen a downtown Omaha revitalization within the last decade,
especially with the addition of major developments like the Holland
Performing Arts Center, CenturyLink Center and TD Ameritrade Park. Now
we will add Hyatt Place to the ever-growing list and we are proud to
have played a role,” said Greater Omaha Chamber President
David G.
Brown
. “Hyatt’s investment and job creation speaks volumes about the
strength of our economy and the appeal of the Old Market area.”
Currently, there are 167 Hyatt Place hotels in operation in the United
States, with more than 35 announced projects under development
throughout the U.S., China, Europe, Southwest Asia, Latin America, and
the Middle East.
ABOUT HYATT PLACE
Launched in 2006, Hyatt Place brings to the upscale select-service hotel
category the authentic hospitality for which Hyatt is known. Inspired by
multitasking travelers’ 24/7 lifestyle, Hyatt Place combines stylish
design and practical amenities with forward-thinking technology and
purposeful service. Spacious guestrooms feature multiple areas to work
and relax, and include the Cozy Corner, an eight-foot sectional sofa
sleeper; plush Hyatt Grand Bed; and ergonomic work center.
Every guestroom is also equipped with a state-of-the-art media center
that allows electronic devices to plug directly into the 42-inch,
high-definition television, giving guests instant access to the
technological amenities they’re accustomed to accessing at home or in
the office.
Hyatt Place hotels also feature complimentary Wi-Fi access, a
StayFit@Hyatt fitness center, a coffee and wine bar serving specialty
coffees and premium wine and beer, and a Grab ’n Go case stocked with
freshly made sandwiches and salads. The Guest Kitchen offers
made-to-order breakfast, lunch and dinner entrées around the clock, in
addition to the a.m. Kitchen SkilletTM, a complimentary
continental breakfast served daily. Specially trained Hosts are on hand
to offer assistance with everything from directions to check-in to a
freshly made meal.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading
global hospitality company with a proud heritage of making guests feel
more than welcome. Thousands of members of the Hyatt family strive to
make a difference in the lives of the guests they encounter every day by
providing authentic hospitality. The Company's subsidiaries manage,
franchise, own and develop hotels and resorts under the Hyatt®,
Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and
Hyatt House
TM brand
names and have locations on six continents.
Hyatt House
is
changing its brand identity from Hyatt Summerfield Suites®.
Hyatt Residential Group, Inc., a Hyatt Hotels Corporation
subsidiary, develops, operates, markets or licenses Hyatt
ResidencesTM and Hyatt Vacation
Club®, which is changing its name to Hyatt Residence ClubTM.
As of March 31, 2012, the Company's worldwide portfolio consisted of 488
properties in 45 countries. For more information, please visit www.hyatt.com.
Forward-Looking Statements
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements
include statements about our plans, strategies, the number of properties
we expect to open in the future and when we expect these properties to
open, our expected capital expenditures, and other future events and
involve known and unknown risks that are difficult to predict. As a
result, our actual results, performance or achievements may differ
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our management, are inherently uncertain. Factors that may cause actual
results to differ materially from current expectations include, among
others, general economic uncertainty in key global markets, the rate and
pace of economic recovery following economic downturns; levels of
spending in business and leisure segments as well as consumer
confidence; declines in occupancy and average daily rate; our ability to
successfully execute and implement our organizational realignment and
the costs associated with such organizational realignment; loss of key
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filings are available from the SEC. We caution you not to place undue
reliance on any forward-looking statements, which are made as of the
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Source: Hyatt Hotels Corporation
Hyatt Hotels Corporation
Laurie Cole, (312) 780-5935
laurie.cole@hyatt.com
or
Jamie
Zimmerman, (312) 780-6070
jamie.zimmerman@hyatt.com